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HK property kingpins yielding to Beijing?

Posted on 29 November 2010

From Asiaone.com: Fresh moves by the Hong Kong government to rein in property prices suggest that the property developers would be ceding control over to Beijing, said Societe Generale Asian strategist Todd Martin.

‘The really important thing about these new property restrictions is their symbolic nature because what it means now is that Hong Kong property developers have lost their control over Hong Kong,’ Mr Martin told a briefing…………………………………….Full Article: Source


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